Reuters : business : video
Wells Fargo to pay 3 bln for fake accounts  01h45 22 février
Wells Fargo reached a settlement Friday for a massive fake account scandal, in which it admitted to guilt and agreed to pay 3 billion to the Justice Department and Securities and Exchange Commission. Conway G. Gittens details the official announcement.
Philip Morris’ campaign to normalize IQOS  18h59 21 février
A Stanford study found that Philip Morris’ marketing of its IQOS tobacco device continues to stray substantially from its corporate standards on youth-oriented marketing. Fred Katayama reports.
Week ahead: falling bond yields, coronavirus fears, retail results  21h18 21 février
Key events to watch next week include low bond yields and how much further they fall as coronavirus fears rise, holiday-quarter sales from Home Depot and Macy’s, as well as the final read on fourth-quarter GDP. Conway G. Gittens has the look ahead.
Wall St. dragged by coronavirus fears, business data  22h52 21 février
U.S. stocks tumbled on Friday after a spike in the number of coronavirus cases and new data that suggested the outbreak is harming the U.S. economy. Conway G. Gittens has the market recap.
Breakingviews TV: M&A redial  19h27 21 février
T-Mobile US and Sprint got one step closer to finally sealing their 120 bln merger. An amended agreement means Sprint owner SoftBank is getting a smaller slice of the stake. Jennifer Saba discusses the upsides for both companies.
Pare back growth stocks: advisor  20h04 21 février
Mercadien Asset Management president Ken Kamen says investors should pare back on holdings of growth stocks, especially tech, due to high valuations and exposure to the coronavirus outbreak.
Trump: U.S. may give farmers more aid until trade deals ’kick in’  20h01 21 février
U.S. President Donald Trump on Friday composed a tweet entirely in capital letters pledging to further help American farmers, even after his USDA secretary said the sector should not count on a bailout in 2020. This report produced by Zachary Goelman.
Coronavirus set to top agenda at G20 meet  16h21 21 février
The impact of the new coronavirus outbreak on global growth will be a key issue at this weekend’s meeting of G20 finance leaders. Ciara Lee reports
Tesla vs Tree Pirates: war over a Berlin forest  15h39 21 février
Tesla faces a battle with environmentalists over its decision to fell a German forest to make space for its first European factory. Julian Satterthwaite reports.
Deere posts profit surprise  15h15 21 février
Deere’s quarterly earnings crushed analysts expectations on signs the hard hit farming sector has begun to stabilize. Fred Katayama reports.
Asian airlines could lose 27.8bln on coronavirus - IATA  11h41 21 février
Airlines in the Asia-Pacific region stand to lose 27.8 billion of revenue this year as they slash flights due to declining demand as a result of the coronavirus, according to a preliminary estimate from an industry body. Ciara Lee reports
China car sales fall 92% as coronavirus keeps buyers home  11h18 21 février
Auto sales in China, the world’s largest market, have slumped as coronavirus fears keep buyers at home. Julian Satterthwaite reports.
Breakingviews TV: Wall St M&A  19h17 20 février
Morgan Stanley’s 13 bln purchase of online broker E Trade gives it retail customers, higher returns and more stable revenue. That’s what rival Goldman Sachs has promised its shareholders too, though it’s taking a different path. John Foley digs into their dueling strategies.
Baby Yoda’ doll makes its big debu  22h40 20 février
A new ’Baby Yoda’ doll, based on The Child character from the Disney series ’The Mandalorian,’ proved more than ready for its closeup at a New York press event Thursday.
Tech leads Wall St. decline on coronavirus fears  22h29 20 février
The tech-heavy Nasdaq snapped a three-day winning streak Thursday as stocks fell on worries the coronavirus outbreak is not under control and threatens global economic growth. Conway G. Gittens has the market action.